SICO: Bahrain market’s performance does not reflect the Kingdom’s economic performance

Manama 7 August 2011 – Securities & Investment Company (SICO) prepared a note on the performance of the Bahrain Bourse stating that Bahrain markets followed the broader GCC equity markets’ negatively biased volatile trend, as regional political developments, the US and Euro-zone debt concerns outweighed GCC companies’ strong half-yearly results. Bahrain’s benchmark index is down 10% during the year while S&P’s GCC index has lost 6.2% during the same period.

The full press release in English & Arabic can be downloaded here